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XYO Crypto.com integrates XYO and expands institutional custody services
Crypto.com, a well-known cryptocurrency exchange, recently integrated XYO, a decentralized cryptographic certification network. With this move, Crypto.com will expand its hosting services for institutional users. According to an official announcement, XYO joined Crypto.com as the first DePIN (Decentralized Physical Infrastructure Network) network. This means that eligible qualified high-net-worth individuals and institutional investors can securely manage and store $XL1 and $XYO tokens through the hosting services of Crypto.com
Crypto.com expands institutional hosting solutions through XYO integration
XYO is the first DePIN network to access Crypto.com, highlighting the platform's overall strategy to strengthen institutional digital asset services. This initiative enables high-net-worth individuals and institutions to manage and retain $XL1 and $XYO tokens in a secure environment through the Crypto.com hosting service. At the same time, it also improves the accessibility of $XYO in enterprise-level mobility and hosting infrastructure.
This integration is another development after Crypto.com received institutional financing for the first time since 2016. In addition, the partnership allows institutions, qualified investors and family offices to leverage regulated custody options to hold $XL1 and $XYO. Users can also directly utilize the institutional liquidity of Crypto.com for asset swaps without having to transfer assets to any trading platform.
Hosted via Crypto.com brings organization-level security to $XL1 and $XYO
In addition, the Crypto.com hosting service protects digital assets through user-isolated multi-party computing wallets, while employing cold storage, simplified compliance processes, and clear audit trails. The custody service is designed to reduce operational risk and allow institutions to efficiently execute transactions without moving assets out of a secure custody environment. According to this cooperation,$XL1 was successfully qualified for launch on the first key exchange after the token sale and is available on Crypto.com This move is expected to improve market accessibility while supporting unique institution-level hosting services.
Eric Anziani, chief operating officer of Crypto.com, said: "We are pleased to support XYO, ensuring its ecosystem security by providing organization-level hosting services, and preparing for its global expansion." XYO co-founder Markus Levin emphasized: "Working with one of the most trusted institutions in the industry allows XYO to move side by side with the institutional participants who shape the future and provides developers and companies with confidence in the foundation it builds."
